Dell Technologies (NYSE:DELL) Shares Up 7.1% – Here’s Why

Shares of Dell Technologies Inc. (NYSE:DELL) traded up 7.1% on Tuesday . The stock traded as high as $463.48 and last traded at $457.6390. 7,014,704 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 8,638,254 shares. The stock had previously closed at $427.11.

More Dell Technologies News

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Bernstein said Dell looks like the better enterprise-tech stock versus IBM after IBM issued an earnings warning, reinforcing the view that Dell’s AI and infrastructure exposure remains more attractive than some peers. IBM or Dell? Bernstein Picks the Better Stock after IBM’s Earnings Warning
• Positive Sentiment: Dell joined a global AI coalition focused on helping shape how cities deploy AI, a small but constructive sign that the company is still expanding its AI ecosystem and enterprise relevance. Dell (NYSE:DELL) Joins Global AI Coalition To Help Shape How Cities Deploy AI
• Neutral Sentiment: Analysts and media coverage continue to note that Dell’s shares have surged dramatically over the past year, which supports the bull case but also explains why investors are increasingly sensitive to any signs of slowing momentum or rich valuation. Analysts calling it a ‘great year’ to be Michael Dell…
• Negative Sentiment: Dell stock has stalled since hitting a record high in May, with investors rotating out amid concerns that the AI rally may have outpaced near-term earnings upside and left the stock vulnerable to a pullback. Dell stock has stalled since May: will it pop or crash?
• Negative Sentiment: A broad selloff in AI hardware and chip stocks hit Dell hard as traders took profits, questioned AI infrastructure demand durability, and reacted to reports about memory peaking and possible overcapacity in the sector. “Investors Think Memory Maybe Peaking,” says Top Evercore Analyst as DELL Stock Tanks 14%
• Negative Sentiment: Heavy insider selling and recent share sales tied to Silver Lake have added to investor caution, reinforcing the view that some stakeholders may be taking profits after Dell’s strong run. Insider Alert: Top Dell Insiders Cashes Out $27 Million in Shares

Analyst Ratings Changes

A number of equities research analysts recently commented on DELL shares. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Raymond James Financial downgraded shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. TD Cowen increased their target price on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a report on Friday, May 29th. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Finally, Roth Capital assumed coverage on Dell Technologies in a research report on Friday, May 29th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $492.76.

Dell Technologies Stock Down 2.9%

The company’s fifty day simple moving average is $366.72 and its 200 day simple moving average is $225.64. The firm has a market capitalization of $259.66 billion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the prior year, the company earned $1.55 EPS. The business’s revenue was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Equities research analysts forecast that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Insider Buying and Selling at Dell Technologies

In other news, Director Lake Group L.L.C. Silver sold 16,679 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of Dell Technologies stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. This trade represents a 44.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,434,758 shares of company stock worth $1,448,870,683. Corporate insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

A number of hedge funds have recently made changes to their positions in DELL. Brighton Jones LLC increased its position in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after buying an additional 901 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in Dell Technologies in the second quarter worth $328,000. Marshall Wace LLP purchased a new stake in shares of Dell Technologies in the second quarter worth $809,000. Gamco Investors INC. ET AL increased its holdings in shares of Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after acquiring an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.